The central bank of IndiaReserve Bank Of India , which is supposed to direct the fiscal policies of government of India , has failed to do so. It has enabled many looters in the garb of entrepreneurs, to swindle the exchequer to the tune of crores of rupees. The premiere

investigating agency of India CBI has failed to nail the culprits.

Hereby , I do request the honourable supreme court of India to treat this as a PIL application & to provide speedy justice in following cases. Jai hind, Vande mataram.

47. is it not true that you failed to produce all records showing internal inspection / audits , during domestic enquiry & court proceedings ?

48. your expert mr.vijendra rao has stated that some seal marks are smudged , he has stated some seal marks appears to be so & so. He has clearly nowhere stated that this seal mark is exactly this , so he himself is not 100% sure ?

49. your expert nowhere said that 100% sure this seal mark is this , on that day this seal was issued to mr.G.Hariram , isn’t it ?

50. your expert says during 1975 , he didn’t notice3 any fraud. However approver says fraud was there before mid 1977 also. Why no action has been taken ?

51. why you didn’t produce all records of all persons , who have specifically worked in alleged sections , the registers of those departments with daily activity report containing seal nos , packet nos , bag nos , etc ?

52. are not their chances of some criminals putting the seal marks of innocent officers over the notes , bundles , bags , etc ?

53. your expert is not 100% sure of seal mark , your records are not there to prove the presence of charge sheeted officers in the alleged sections , neither your expert nor your records are 100% sure on what date , at what stage , by whom crime was committed , isn’t it ?

54. is not the charge sheet amounting to higher ups picking up officers they dislike & falsely implicating them ?

55. is it not cunning ploy of higher ups to divert attention from original criminals ?

56. why no action was taken against currency officer of 1977-79 mr.J.Mitra ? why his pension , super annuation benefits were not withheld ?

57. what is your justification , supporting evidence , records for picking up only three officers including mr.G.Hariram for legal prosecution and leaving the majority of probables ?

58. why you have dropped charges against five asst treasurers ? why you didn’t even conduct domestic enquiry against them , let alone legal prosecution ?

59. Is it RBI’s & CBI’s way of fair play & justice ?

60. as inly 5% sampling of verified note bundles are done , there are more possibilities of rebundled packets getting unnoticed in relaxed 95% lot , isn’t it ?

61. you have left out so many officers who worked in those sections, some of whom even became management witnesses , instead of being charge sheeted by the management, is it fair play & legal ?

62. who are the bank employees , from whom you have recovered the alleged bank loss of Rs.220000 ?

64. you don’t have any internal statuotary records to prove that mr.G.Hariram worked in those departments , except a currency officer’s office note dated just on the eve of charge sheet years after the alleged crime ? does it not prove that this note has been concocted just to fix mr.G.Hariram ?

65. where as you have records of other officials attendance in those departments , but not charge sheeted them why ?

66. three officers of staff grade A daily work in three sections out of 40 officers , why you have picked up only mr.G.Hariram , out of 1095 working days , he has worked for only 223 days in those sections , still those officers who worked for more days in those sections are not charge sheeted why ? the approver , the management expert witness , shift registers , V2 registers , Destruction certificates , Form CD 55 , etc , nobody , no records were able to say on what date , at what stage , by whom crime took place , also they were unable to say on what date at what stage crime was committed by mr.G.Hariram ? is it not futile imagination , cunning ploy of RBI higher authorities to fix innocent Mr.G.Hariram ?

67. the management expert witnesses said , the most probable place of crime is punching / Cancelled Note Vault , incinerator , where asst treasurers were joint custodians . they were not enquired & let off why ?

68.the charge sheet alleges extraction / substitution of defaced note packets. Where as the management expert witness say substitution of defaced notes only ? is not there difference between loss of one number of note & 100 number of notes ?

69.as per the normal course of duty , staff officers does not count notes in each bundles , but they just count the number of bundles only. Is not there chances of inserted note bundles or bundles containing less number of notes going unnoticed ? is it not the failure of statuotary system of work practices ?

70.does not all these prove higher authorities of RBI & CBI were hell bent to fix mr.G.Hariram & to shield the original criminals ?

questions with respect to other cases

71.how do you monitor the work of bank officials nominated as directors of companies which have availed bank loans ?

72.how do you monitor the work of companies , in which banks have invested ?

74.inspite of project reports by bank officials , over assessment of collateral securites / value of debtor companies by bank officials , the loans become NPAs& full valuecann’t be realized in the market by selling off the assets of debtor companies also. In such cases , what action is taken against erring bank officials who collude with criminal industrialists for availing higher amount of loan than permissible ?

75.give bankwise specific figures of NPAs.

76.give names of industrial groups / promoters whose companies have become NPAs , so that public can be aware of them, before investing in new companies promoted by them.

79.if your method of employing rowdies to collect loans of Rs.10000 from commoners is right , what would you do to a promoter of a debtor company to recover loans of crores of rupees , supari killing ? but debtors of crores of rupees is let off coolly by banks , why ?

80.what is the exact amount of loss caused to the exchequer by karim lala telgi who printed fake stamp papers ?

81.what action has been taken against those involved ?

82.have you taken action against all those mentioned by telgi during narco analysis test , if not why ? is it because they are powerful & bigwigs ?

103. how RBI is containing crimes of loss of cheques / DDscausing huge losses to the banks to the tune of crores of rupees ?

FINANCE SCAMS IN INDIA & 5-STAR LEADERS WITH BEGGING BOWL

In " mysooru mithra" a kannada daily dated 15/06/2005, the editor has written about a copy of the complaint made by Transparency International India-Bangalore to central vigilance commission of india.

In indian banks , there is a strange practice that whenever a cheque is put before the clearing house by a bank, the clearing house sends that cheque to the service branch of bank paying. The service branch then sends that cheque to the appropriate bank branch
for deduction of cash from the cheque account. In this travel , if the cheque is lost or misplaced midway, the service branch pays out of it's suspense account to the cash collecting bank. Logically, afterwards the service branch must initiate a thorough inquiry, get authentication from both persons one who gave cheque & other who collected cheque. Finally, the money must be transferred from the account of cheque giver to the suspense account.

However , upto 1997 two branches of state bank of india in bangalore & overseas branch sufferred from frequent loss of cheques totally amounting to RUPEES THREE THOUSAND TWO HUNDRED CRORE. In all cases of cheque loss the bank has paid out of suspense account, totally amounting to Rs.3200 crore. However the bank has not
initiated any enquiry to recover that amount from the cheque givers.

In the 1997 internal audit report of the bank itself , this has been clearly pointed out. Till date, even the central vigilance commission has not initiated any action about it. A member of central vigilance commission happens to be ex-chairman of state bank of india.

It is just an instance of two branches of SBI, what about hundreds of branches of SBI, what about thousands of branches of other public sector,private sector & co-operative banks. It is fraud,fraud,fraud all the way. Few months back to cover-up the crimes
of global trust bank ( GTB) , it was taken over by oriental bank of commerce ( OBC).
While sanctioning a loan of just Rs.10000 to a common man , he has to comply with lengthy legalities. If he defaults, bankers breath down his neck, bankers send rowdies in the form of recovery agents to humiliate the common man & his properties are
auctioned-off, finally all dues to the last penny are recovered. In most of the cases bankers even force the defaulters to commit suicide. However influential persons easily gets loans amounting to hundreds of crores of rupees, coolly defaults, siphons-off the funds & shuts his shop. No recovery at all , just it becomes a non- performing asset (NPA) in the bank ledger. The total NPAs of all public sector banks is more than Rs.80000 crore. This burden is spead over the crores of hapless indians.

The government takes pride in murdering forest brigand veerappan. The ill-gotten wealth of veerappan is not even pea nuts before this huge amount. Remember past finance scams – MS SHOES, HAWALA, HARSHAD MEHTA SHARE SCAM, KETAN PAREKH SHARE SCAM, UTI, etc. totally in all these scams billions of dollars of public money have gone to the coffers of criminals. These scamsters put veerappan to shame in their turnover. However the government is not even exhibiting a fraction of it's ELIMINATE VEERAPPAN DRIVE against these scamsters, why?

In india, both central & state government tax/ revenue officials are neck deep in corruption. By, taking bribe they make lower assessment of income, gains, etc & spare businessmen from the tax payment. The government in return for favours received from
lobbies, gives tax exemptions to them at it's sweet will. All these scams & it's cover-ups are insider jobs. The government is not interested to collect, recover it's own monies
amounting to billions of billions of dollars every year. However our 5-star leaders living at the expense of tax-payers, go-on foreign jaunts with a begging bowl for a few lakhs of dollars. What a shame?

More than 50 billion indians are barely surviving on a single meal per day & hundreds are dying due to starvation, billions don't even have basic necessities of life. If the government even just collects a fraction of it's dues from scamsters, defaulting industrialists – people won't die of hunger in india. Has this enlightened our thick skinned netas ?

AN APPEAL TO Mr.P.CHIDAMBARAM UNION FINANCE MINISTER GOVERNMENT OF
INDIAAn age old saying – AS THE KING SO DOES THE SUBJECTS. In india various financial scams, crimes & it's cover-ups have taken place amounting to billions of billions of dollars have taken place, made possible , just due to the involvement of the king – the netas & government officials themselves in the shameful act – the crime.

The tax officials are utterly corrupt, the wards of these officials spend double their pappa's salary just during
weekends. Now, realise their financial might. These ill-gotten wealth is destabilising our economy & might have even found it's way into the hands of underworld, terorrists. INDIA WILL BE DEFEATED FROM
CRIMINAL FORCES WITHIN LIKE THIS NOT FROM THE EXTERNAL FORCES.

Hereby, the HRW urges you to make public:

1. the financial worth of finance minister to tax official at circle level, on annual basis including his spouse's worth & property details.

2. to make public the NPAs, losses & monies under litigation by both private & public sector banks annually.